3 bedroom detached for sale

£305,000

3

Bedrooms

1

Bathrooms

A well presented modern Freehold centrally heated, double glazed, 3 bedroomed, Detached residence situated in a pleasant cul-de-sac location. Tarmacadam driveway suitable for 2 cars to the fore, Hall with fitted guests cloakroom off, Through Lounge, good size fitted Kitchen, Fully Tiled shower room with double cubicle, integral garage, pleasant rear garden with artificial lawn. Internal viewing recommended.

A well presented modern Freehold centrally heated, double glazed, 3 Bedroomed, Detached residence situated in a pleasant cul-de-sac location. Tarmacadam driveway suitable for 2 cars to the fore, Hall with fitted Guests Cloakroom off, Through Lounge, good size fitted Kitchen, Fully Tiled Shower Room with double cubicle, Integral Garage, pleasant rear garden with artificial lawn.
Internal viewing recommended.

Ground Floor -

Front Entrance - UPVC front door.

Hallway - Wood effect flooring.

Fitted Guests Cloakroom - Low flush W.C., wash hand basin, partially tiled walls, central heating radiator, double glazed window.

Through Lounge - 4.67m x 4.67m max (154' x 154' max) - Double glazed bow window to fore, 2 designer central heating radiators, understairs store cupboard, double glazed French doors opening to pleasant rear garden. Dog leg staircase leading off with feature spindled balustrade.
Door to :

Good Size Fitted Kitchen - 4.42m x 2.97m (146' x 99') - Array of fitted base and tall store cupboards, ample work surfaces and matching splashbacks, single bowl inset sink, plumbing for automatic washing machine, Zanussi cylindrical cooker hood air extractor fan, vertical central heating radiator, double glazed window and door to rear garden, sunken spotlight fittings to ceiling.

First Floor -

Landing - Loft access.

Bedroom 1 - 3.91m x 2.87m (1210' x 95') - Double glazed window to fore, central heating radiator.

Bedroom 2 - 2.77m x 2.46m (91' x 81') - Double glazed window to rear, central heating radiator.

Bedroom 3 - 2.59m 2.29m (86' 76') - Double glazed window to fore, central heating radiator.

Shower Room - 2.62m x 2.08m (87' x 610') - Fully tiled walls, double shower cubicle with glazed screens and shower fitment with two heads, wash hand basin set in vanity unit with store cupboards beneath, low flush w.c., central heating radiator, double glazed window, sunken spot light fittings to ceiling, linen cupboard.

Outside -

Integral Garage - Double opening doors, plumbing and lighting, Worcester gas fired central heating boiler.

Pleasant Gardens - Designed for ease of maintenance. To the fore with tarmacadam driveway suitable for two cars.
Gated side access with shaped wrought iron gate leads to the pleasant rear garden with patio, artificial lawn, paved pathway, gravel areas, shrubs and screen fencing.

Additional Information - Tenure - We understand that the property is Freehold, however we would advise any interested parties have this information verified by a Legal Representative.

Council Tax - Band C - Solihull MBC.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 254325

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 7625
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 25575
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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